2-bed · 1,566 sqftTopaz Avenue, Al Furjan · 4th floor · completed 2020

405, Topaz Avenue

Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 1.49M22 July 2024
Current rentAED 78K /yr4 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Topaz Avenue

What is 405 worth today?

Last sold for AED 1,487,339 in 2024

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22 Jul 2024Sold by developerReady
AED 1,487,339AED 950 per sqft
4 Jan 2024RentedRenewal
AED 78,254/yr12 months · AED 50 per sqft
4 Jan 2023RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft
4 Jan 2022RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft
4 Nov 2020RentedNew contract
AED 66,857/yr14 months · AED 43 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
2-bed apartment
Size
1,566 sqft
Floor
4th of 15
Parking
P2-83
Developer
Grand Properties
Completed
2020
Last sold
AED 1.49M · July 2024
Building
Topaz Avenue

About 405, Topaz Avenue

405 is a two-bedroom apartment of 1,566 sqft on the 4th floor of Topaz Avenue, a 15-storey tower in Al Furjan completed in 2020 by Grand Properties. The developer sold it on 22 July 2024 for AED 1,487,339, or AED 950 per sqft, in line with the AED 950 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 4 January 2024, is AED 78,254 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Topaz Avenue
1.5M2M2024202520262027Typical sale price by year: 2024 AED 1,479,977; 2025 AED 1,930,000; 2026 AED 2,110,000Sold by developer, July 2024: AED 1,487,339 (AED 950 per sqft)

405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Topaz Avenue
100K2020202220242026Typical rent by year: 2020 AED 66,857; 2021 AED 75,000; 2022 AED 78,000; 2023 AED 77,947; 2024 AED 78,093; 2025 AED 128,000; 2026 AED 125,000New contract, November 2020: AED 66,857 a yearRenewal, January 2022: AED 78,000 a yearRenewal, January 2023: AED 78,000 a yearRenewal, January 2024: AED 78,254 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Topaz Avenue, and where 405 sits

All 152 2-beds →

405 last sold in July 2024 at AED 950 per sqft, in line with what two-beds in Topaz Avenue were fetching at the time (AED 950). Over the last 12 months two-beds sold for AED 2,000,000 to 2,300,000, around AED 1,331 per sqft, and rent for AED 45,000 to 145,000 a year. 405's AED 78,254 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Oct 20262,050,000
22 Apr 20262,175,000
31 Mar 20262,180,000
31 Mar 20262,300,000
9 2-bed sales in the last 12 months

Topaz Avenue

Building

208 apartments, 1-bed to 3-bed over 15 floors in Al Furjan, completed in 2020 by Grand Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,309 Up 10.1%
Typical sale
AED 2.07M
Typical rent
AED 120K /yr
Typical yield
6.1%
Topaz Avenue, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 208 units in Topaz Avenue
Value
4011-bedAED 952K · Oct 2024
4022-bedAED 1.42M · Aug 2024
4032-bedAED 1.4M · Aug 2024
4042-bedAED 1.41M · Aug 2024
4062-bedAED 2.28M · Aug 2024
4072-bedAED 1.49M · Sep 2024
4081-bedAED 1M · May 2024
1–7 of 15

405, Topaz Avenue in numbers

  • Sold once: by Grand Properties on 22 July 2024 for AED 1,487,339, or AED 950 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 66,857 to AED 78,254 a year.
  • At AED 78,254 a year the gross yield on the 2024 price is 5.3%.
  • Two-beds in Topaz Avenue sold for AED 2,000,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,309 per sqft.

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 405, Topaz Avenue

What did unit 405 last sell for?

AED 1,487,339 on 22 July 2024, sold by the developer: AED 950 per sqft for 1,566 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 78,254 a year on the contract renewed on 4 January 2024. The previous contract, from January 2023, was AED 78,000; the unit has been rented since November 2020.

How big is unit 405?

1,566 sqft (145.5 sqm): a two-bedroom apartment on the 4th floor of a 15-storey tower completed in 2020.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Topaz Avenue sold for AED 2,000,000 to 2,300,000 in the last 12 months, around AED 1,331 per sqft.

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Mortgage on 405, Topaz Avenue

Starts from the last sale price (AED 1.49M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,487,339
Deposit, UAE resident (20%)
AED 297,468
Deposit, non-resident (40%)
AED 594,936
Monthly over 25 years at 3.7%
AED 6,085

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →